Genesis Total Current Assets vs Total Assets Analysis

GEL Stock  USD 13.03  0.28  2.10%   
Genesis Energy financial indicator trend analysis is much more than just examining Genesis Energy LP latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genesis Energy LP is a good investment. Please check the relationship between Genesis Energy Total Current Assets and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesis Energy LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genesis Energy LP Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Genesis Energy's Total Current Assets and Total Assets is 0.6. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Genesis Energy LP, assuming nothing else is changed. The correlation between historical values of Genesis Energy's Total Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Genesis Energy LP are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Genesis Energy's Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Assets

Total assets refers to the total amount of Genesis Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Genesis Energy LP books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Genesis Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genesis Energy LP current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesis Energy LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Enterprise Value is expected to rise to about 139.2 M this year, although the value of Selling General Administrative will most likely fall to about 42.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit136.9M341.6M409.0M429.5M
Total Revenue2.1B2.8B3.2B2.5B

Genesis Energy fundamental ratios Correlations

0.880.51-0.10.991.00.180.481.00.420.480.540.760.990.510.30.980.6-0.40.961.0-0.470.450.510.760.99
0.880.820.020.860.90.560.510.850.190.510.790.540.90.650.230.940.84-0.110.950.9-0.430.110.170.490.86
0.510.82-0.070.490.540.930.440.44-0.230.440.960.060.550.58-0.030.640.950.030.690.54-0.41-0.32-0.240.020.5
-0.10.02-0.07-0.16-0.09-0.11-0.38-0.090.39-0.38-0.24-0.09-0.12-0.05-0.01-0.12-0.240.63-0.14-0.090.720.24-0.040.16-0.15
0.990.860.49-0.160.990.170.490.990.40.490.540.730.990.450.240.980.59-0.430.960.99-0.540.420.510.751.0
1.00.90.54-0.090.990.210.470.990.390.470.560.741.00.530.290.990.62-0.370.971.0-0.470.430.470.760.99
0.180.560.93-0.110.170.210.310.1-0.440.310.89-0.260.220.43-0.180.340.850.10.40.21-0.32-0.52-0.45-0.290.18
0.480.510.44-0.380.490.470.310.450.031.00.490.310.50.210.270.520.540.050.520.48-0.43-0.170.10.060.47
1.00.850.44-0.090.990.990.10.450.460.450.470.790.990.470.310.970.54-0.410.940.99-0.450.510.550.80.99
0.420.19-0.230.390.40.39-0.440.030.460.03-0.230.430.36-0.030.220.3-0.18-0.190.240.39-0.040.710.870.510.4
0.480.510.44-0.380.490.470.311.00.450.030.490.310.50.210.270.520.540.050.520.48-0.43-0.170.10.060.47
0.540.790.96-0.240.540.560.890.490.47-0.230.490.120.580.52-0.020.670.98-0.130.710.57-0.54-0.32-0.170.010.54
0.760.540.06-0.090.730.74-0.260.310.790.430.310.120.740.340.570.680.21-0.330.630.74-0.220.510.490.70.73
0.990.90.55-0.120.991.00.220.50.990.360.50.580.740.530.290.990.64-0.360.971.0-0.490.390.450.740.99
0.510.650.58-0.050.450.530.430.210.47-0.030.210.520.340.530.330.570.65-0.10.560.53-0.27-0.070.040.30.46
0.30.23-0.03-0.010.240.29-0.180.270.310.220.27-0.020.570.290.330.260.12-0.050.160.290.040.280.190.170.23
0.980.940.64-0.120.980.990.340.520.970.30.520.670.680.990.570.260.72-0.330.990.99-0.510.310.370.680.98
0.60.840.95-0.240.590.620.850.540.54-0.180.540.980.210.640.650.120.72-0.120.750.63-0.53-0.28-0.120.070.59
-0.4-0.110.030.63-0.43-0.370.10.05-0.41-0.190.05-0.13-0.33-0.36-0.1-0.05-0.33-0.12-0.32-0.370.65-0.44-0.58-0.32-0.43
0.960.950.69-0.140.960.970.40.520.940.240.520.710.630.970.560.160.990.75-0.320.97-0.550.240.330.640.97
1.00.90.54-0.090.991.00.210.480.990.390.480.570.741.00.530.290.990.63-0.370.97-0.480.420.470.750.99
-0.47-0.43-0.410.72-0.54-0.47-0.32-0.43-0.45-0.04-0.43-0.54-0.22-0.49-0.270.04-0.51-0.530.65-0.55-0.480.12-0.34-0.03-0.53
0.450.11-0.320.240.420.43-0.52-0.170.510.71-0.17-0.320.510.39-0.070.280.31-0.28-0.440.240.420.120.750.740.43
0.510.17-0.24-0.040.510.47-0.450.10.550.870.1-0.170.490.450.040.190.37-0.12-0.580.330.47-0.340.750.580.51
0.760.490.020.160.750.76-0.290.060.80.510.060.010.70.740.30.170.680.07-0.320.640.75-0.030.740.580.76
0.990.860.5-0.151.00.990.180.470.990.40.470.540.730.990.460.230.980.59-0.430.970.99-0.530.430.510.76
Click cells to compare fundamentals

Genesis Energy Account Relationship Matchups

Genesis Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B5.9B5.9B6.4B7.1B7.4B
Other Current Liab196.8M185.0M210.0M245.2M337.2M354.1M
Total Current Liabilities415.5M383.4M496.9M709.1M967.4M1.0B
Total Stockholder Equity(8.4M)(9.4M)(5.6M)6.1M1.3B1.4B
Property Plant And Equipment Net5.0B4.6B4.6B4.8B5.3B5.6B
Net Debt3.4B3.4B3.0B3.4B4.0B4.2B
Accounts Payable218.7M198.4M264.3M428.0M588.9M618.4M
Cash56.4M27.0M25.0M26.6M28.0M29.4M
Non Current Assets Total6.0B5.4B5.4B5.5B6.1B6.4B
Non Currrent Assets Other82.8M32.3M23.6M18.0M37.4M45.0M
Cash And Short Term Investments56.4M27.0M25.0M26.6M28.0M29.4M
Net Receivables417.0M392.5M400.3M721.6M759.5M797.5M
Liabilities And Stockholders Equity4.4B4.3B4.5B4.9B7.1B7.4B
Non Current Liabilities Total3.8B3.8B3.4B3.9B4.4B4.6B
Inventory65.1M99.9M78.0M78.1M135.2M142.0M
Other Current Assets54.5M60.8M39.2M26.8M41.2M24.9M
Total Liab4.3B4.2B3.9B4.6B5.4B5.6B
Total Current Assets593.1M580.2M542.5M853.0M964.1M1.0B
Other Stockholder Equity8.4M9.4M5.6M(6.1M)519.7M545.7M
Property Plant And Equipment Gross5.0B4.6B5.5B5.9B7.3B7.7B
Accumulated Other Comprehensive Income(8.4M)(9.4M)(5.6M)6.1M8.0M8.4M
Short Long Term Debt Total3.4B3.4B3.0B3.5B4.0B4.2B
Short Term Debt28.4M23.3M20.0M18.0M29.9M28.4M
Common Stock1.4B829.3M641.3M567.3M519.7M775.2M
Other Assets201.8M45.8M38.3M29.6M34.1M67.7M
Intangible Assets138.9M128.7M127.1M127.3M141.5M134.9M
Property Plant Equipment4.9B4.4B4.6B4.6B5.3B5.6B
Long Term Debt959.3M3.4B3.0B3.5B3.8B3.9B
Other Liab210.1M406.3M449.2M303.4M348.9M366.4M
Net Tangible Assets1.9B1.3B206.7M1.3B1.5B1.3B
Retained Earnings(2.2B)(1.6B)(1.4B)(1.5B)(519.7M)(545.7M)
Long Term Debt Total959.3M4.2B3.8B4.4B5.0B5.3B
Deferred Long Term Liab12.6M33.8M38.3M32.2M37.0M23.0M
Long Term Investments334.5M319.1M294.1M284.5M263.8M392.2M
Non Current Liabilities Other393.9M393.0M434.9M400.6M570.2M598.7M
Accumulated Depreciation(1.2B)(1.3B)(1.6B)(1.8B)(1.6B)(1.5B)

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When determining whether Genesis Energy LP is a strong investment it is important to analyze Genesis Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genesis Energy's future performance. For an informed investment choice regarding Genesis Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesis Energy LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Genesis Energy LP information on this page should be used as a complementary analysis to other Genesis Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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Is Genesis Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genesis Energy. If investors know Genesis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genesis Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.586
Dividend Share
0.6
Earnings Share
0.34
Revenue Per Share
25.766
Quarterly Revenue Growth
(0.03)
The market value of Genesis Energy LP is measured differently than its book value, which is the value of Genesis that is recorded on the company's balance sheet. Investors also form their own opinion of Genesis Energy's value that differs from its market value or its book value, called intrinsic value, which is Genesis Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genesis Energy's market value can be influenced by many factors that don't directly affect Genesis Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genesis Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesis Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesis Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.